settlement

WAMC News
5:55 pm
Thu July 19, 2012

Vermont and New Hampshire to Get Part of $550,000 Hospital Settlement

The U.S. Attorney's office in Vermont says Dartmouth-Hitchcock Medical Center will pay more than $550,000 to settle allegations it improperly billed various federal health programs.

Federal health programs such as Medicare and Medicaid recovered over $500,000. More than $21,000 will go to the state of Vermont and more than $8,000 will go to the state of New Hampshire.

Read more
New York News
6:46 am
Tue July 3, 2012

NY State to Get $146M in Drug Settlement

New York stands to receive $146 million in the national settlement with pharmaceutical giant GlaxoSmithKline, which has agreed to pay $3 billion overall to settle federal and state complaints related to marketing and pricing of its drugs. WAMC's Dave Lucas reports...

New York Attorney General Eric Schneiderman says the record recovery will go to the state's Medicaid program.

Read more
New York News
7:32 am
Mon June 25, 2012

Hedge Fund Manager to Pay $405M to Madoff Victims

NY Attorney General Eric Schneiderman announces a lawsuit in White Plains against the Nuclear Regulatory Commission, regarding the storage of nuclear waste at nuclear power plants, once those plants close. (February 15th, 2011)

New York's attorney general says he has secured a civil settlement in which hedge fund manager J. Ezra Merkin will reimburse clients with $405 million lost in Bernard Madoff's historic investment scam.  WAMC’s Tristan O’Neill reports…

Attorney General Eric Schneiderman said Sunday that the clients will be paid over three years and New York state will get $5 million to cover the cost of the settlement.

Merkin had managed four funds with hundreds of investors. Schneiderman says many are New Yorkers and charitable organizations. None have been identified.

Read more
North Country News
8:23 am
Tue April 3, 2012

VT Judge Orders Company to Pay $2M Fine

A Vermont judge has ordered a Texas debt settlement company to pay a fine of $2 million in a consumer fraud case.  WAMC’s North Country Bureau Chief Pat Bradley reports...

Credit Solutions of America also must pay full refunds to 207 Vermonters totaling about $350,000.

The Vermont attorney general's office had sued both CSA of Dallas and its owner, Doug Van Arsdale, in July 2010, accusing them of using unsubstantiated claims that people can reduce their debt "in 60 seconds" to advertise its services.

Read more